Sri Trang Agro Industry : Shareholders meeting's resolution

23 June 2020

Subject

: Notification of the Resolutions of the 2020 Annual General Meeting of

Shareholders

To

: President

The Stock Exchange of Thailand / Singapore Exchange

Sri Trang Agro-Industry Public Company Limited (the "Company") hereby notified the resolutions of the 2020 Annual General Meeting of Shareholders held on 23 June 2020 at 3:00 p.m., at the Meeting Room of Subsidiary Company, Premier System

Engineering Co., Ltd., No. 123 Moo 8, Kanjanavanich Road, Tambol Baan Pru, Amphur Hadyai, Songkhla Province. There were shareholders present in person and by proxies as follows;

Shareholders	Shares	per cent
Attended in person	7	49,747,898	3.24
Attended by proxy	389	932,915,813	60.74
Total	396	982,663,711	63.98

The details of each agenda are as follows;

Agenda 1. Certified the minutes of the Extraordinary General Meeting of Shareholders No.1/2019, held on 6 November 2019 with the majority vote of the shareholders attending the meeting and casting their votes as follows;

Approved	986,360,911	votes,	equivalent to	99.95	per cent
Disapproved	0	votes,	equivalent to	0	per cent
Abstained	502,800	votes,	equivalent to	0.05	per cent
Voided	0	votes,	equivalent to	0	per cent

Agenda 2. Acknowledged the performance results of the Board of Directors of the Company for the year 2019 and approved the audited financial statements of the Company for the year ending 31 December 2019 with the majority vote of the shareholders attending the meeting and casting their votes as follows;

Approved	980,483,071	votes,	equivalent to	99.83	per cent
Disapproved	0	votes,	equivalent to	0	per cent
Abstained	1,701,020	votes,	equivalent to	0.17	per cent
Voided	0	votes,	equivalent to	0	per cent

Agenda 3. Acknowledged the interim dividend payment from the Company's performance for the year 2019.

Agenda 4. Approved the election of 4 directors to replace the directors who retire by rotation, i.e. Mr. Kitichai Sincharoenkul, Mr. Samacha Potavorn, Mr. Patrawut Panitkul and Mr. Vitchaphol Sincharoenkul to be directors of the Company for another term with the majority vote of the shareholders attending the meeting and casting their votes as follows;

1. Mr. Kitichai Sincharoenkul

Approved	886,518,957	votes,	equivalent to	91.76	per cent
Disapproved	80,981,002	votes,	equivalent to	8.24	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

2. Mr. Samacha Potavorn

Approved	944,198,020	votes,	equivalent to	96.14	per cent
Disapproved	37,960,968	votes,	equivalent to	3.86	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

3. Mr. Patrawut Panitkul

Approved	968,026,420	votes,	equivalent to	98.72	per cent
Disapproved	12,582,168	votes,	equivalent to	1.28	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

4. Mr. Vitchaphol Sincharoenkul

Approved	963,388,220	votes,	equivalent to	98.72	per cent
Disapproved	12,582,468	votes,	equivalent to	1.28	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

Agenda 5.

Approved the determination of remuneration of directors for the year

2020 with the details as follows:
Remuneration of Board of Directors
- Chairman of the Board	Baht 75,000 / person/ month
- Directors	Baht 56,000 / person/ month
Remuneration of Audit Committee
- Chairman of the Audit Committee	Baht 85,000 / person/ month
- Audit Committee member	Baht 70,000 / person/ month

The Company will pay the remuneration twice a year in June and December.

Meeting Allowance (only pay to those who attend the meeting)

- Chairman of the Board / Chairman of Audit Committee Baht 10,000 / person/ time

- Directors / Audit Committee member

Baht 7,000 / person/ time

Other Benefits / Non-monetary remuneration

None

The Meeting approved the directors' remuneration for the year 2020 with a vote of not less than two-thirds of the total number of votes of shareholders present at the meeting as follows;

Approved	980,655,711	votes,	equivalent to	99.79	per cent
Disapproved	2,058,300	votes,	equivalent to	0.21	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

Agenda 6. Approved the appointment of Mr. Supachai Panyawattano, Certified Public Accountant (Thailand) No. 3930 or Miss Krongkaew Limkittikun, Certified Public Accountant (Thailand) No. 5874 or Mr. Nuttawut Santiphet, Certified Public Accountant (Thailand) No. 5730 of EY Office Limited to be the auditor of the Company and its subsidiaries for the year 2020, either of these auditors can conduct the audit and express an opinion on the financial statements of the Company. In the event that neither of these auditors are available, EY Office Limited can delegate another one of its Certified Public Accountants to conduct the audit. Also, the auditing fee for the year 2020 and quarterly of the Company was approved at Baht 11,354,000 with the majority vote of the shareholders attending the meeting and casting their votes as follows;

Approved	981,082,471	votes,	equivalent to	99.86	per cent
Disapproved	1,334,600	votes,	equivalent to	0.14	per cent
Abstained	0	votes,	equivalent to	0	per cent
Voided	0	votes,	equivalent to	0	per cent

Please be informed accordingly.

Yours faithfully,

(Mr. Kitichai Sincharoenkul) Director